JYP Entertainment Achieves Top ‘AA’ ESG Rating, Leading the K-Pop Industry

JYP Entertainment (hereinafter referred to as JYP) has achieved the highest ‘AA’ rating in the 2024 ESG management evaluation by Sustinvest, making it the only K-pop entertainment company to do so. According to the official data released by Sustinvest, a total of 1,287 companies participated in this evaluation, and the ‘AA’ rating was awarded to the top 8.9% of companies. This achievement demonstrates JYP’s excellence in ESG management activities, not only within the entertainment industry but also among various corporate groups.

JYP recorded uniformly high scores across all areas of environment, society, and governance. In particular, it received significantly higher scores than the sector average in environmental and social elements, contributing to its ‘AA’ rating. In the environmental sector, JYP received excellent evaluations for establishing a greenhouse gas inventory covering domestic and international business sites, developing a carbon-neutral roadmap, and implementing RE100. On the social side, it established a human rights management system through the declaration of human rights policies and human rights impact assessments, and received high evaluations in areas such as advancing safety and health risk assessments and obtaining the international standard ISO 37001 for anti-corruption management. As for governance performance, JYP scored well with the transparent disclosure of corporate information and a fair board compensation process.

Moreover, JYP has also been recognized for its ESG management activities both domestically and internationally by receiving an ‘AA’ rating in this year’s ESG evaluation organized by Morgan Stanley Capital International (MSCI). These achievements demonstrate JYP’s continued efforts toward sustainable management, and there is growing anticipation for its future sustainable management activities.

This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.